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DEUTSCHE AMC INDIA
Groww among bidders for Prudential’s India asset management firmPrudential Financial’s India asset management arm has attracted takeover interest from at least two domestic firms, people familiar with th...- Suresh Soni steps down as CEO of Baroda BNP Paribas Asset ManagementSuresh Soni will resign as CEO of Baroda BNP Paribas Asset Management on July 31, 2025, for personal reasons. The AMC has initiated a searc...
- HSBC to acquire L&T Mutual Fund for $425 millionL&T Mutual Fund is ranked 12 out of 44 in the Indian mutual fund industry. Equity assets account for Rs 41,000 crore of the total cited abo...
- Edelweiss AMC appoints Trideep Bhattacharya as CO-CIO - equitiesEdelweiss Asset Management (EAML), in a move to significantly strengthen its long-only equity mutual funds investment team, has announced t...
- Motilal Oswal AMC appoints Akash Singhania as fund managerSinghania was earlier associated with DHFL Pramerica AMC as Deputy CIO- Equities.
- Sebi cancels registration of Deutsche Mutual FundSebi said it has "cancelled certificate of registration of Deutsche MF and has withdrawn approval granted to Deutsche Asset Management to a...
- CCI okays Union Bank's 49% stake buy in Union KBC AMCThe Competition Commission has approved the state-run Union Bank of India's proposed acquisition of 49 per cent stake in Union KBC Asset Ma...
- Pramerica's acquisition of Deutsche MF biz gets Competition Commission of India's nodCCI has approved the acquisition as the deal "may not have an adverse impact" on competition in the country.
- More foreign MFs on way out as Nomura plans to exit LICWith the exit of Goldman Sachs, which sold its business to Reliance Capital today, there are 43 MFs in India managing a tad over Rs 13-tril...
- Pramerica Asset Managers to acquire Deutsche Bank's India AMC businessThe combined business will enable Pramerica AMC to expand its investment management expertise, distribution platform and product portfolio.
- Deutsche Asset Management India launches arbitrage fundThe new fund opens from August 13 would invest in arbitrage opportunities that may exist in the equity and derivatives markets.
- AMFI to launch new portal for all mutual fund transactionsThe Association of Mutual Funds in India plans to launch a portal, MF Utility, next fiscal that will facilitate transactions by customers.
- IIFL seeks license in Singapore, offers structured productsFinancial services provider India Infoline Ltd today said it is seeking license for brokerage and investment banking services in Singapore ...
- MFs exposure to banking, oil & gas rises in JanMutual funds were bullish on the banking sector in January, as would appear from the allocation Rs 11,155 crore or 15.34% weightage of tota...
- FMP outflows drag down MFs’ assetsMassive outflows in fixed maturity plans (FMP) and liquid schemes have resulted in a steep fall in assets under management (AUMs) of fund h...
- Postal dept in talks with Deutsche Postbank for home loansThe Department of Post, which is poised for a face lift with new schemes in its kitty today said it is in talks with Deutsche Postbank to e...
- iFast, Deutsche Bank AMC tie up for MF distribution in IndiaThe asset management arm of global banking major Deutsche Bank and iFast Corporation Singapore have entered into an agreement to set up an ...
- Citi wants slice of retail brokerageCitigroup is gearing up for big action in the retail brokerage space. Speaking to ET, Citi CEO-India & area head (Bangladesh, Nepal and Sri...
- Four foreign cos in last lap of race for StanChart MFStandard Chartered Mutual Fund’s (StanChart MF) sell-off may be finalised soon, with four foreign investment management firms in the biddin...
- Mutual fund kitty swells in JulyThe Indian mutual fund industry witnessed a net inflow of about Rs 22,730 crore in July ’06, an 8.56% rise over Rs 2,65,536 crore worth of ...
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